TradeCityPro | Bitcoin Daily Analysis #278

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TradeCityPro | Bitcoin Daily Analysis #278Bitcoin / TetherUSBINANCE:BTCUSDTtradecitypro👋 Welcome to TradeCity Pro! Let’s move on to Bitcoin analysis. Today’s analysis is based on the 4-hour timeframe, where the market is currently in a corrective phase. ⌛️ 4-Hour Timeframe On this timeframe, Bitcoin is following a slow and steady uptrend. ✔️ We also have an ascending trendline that price has reacted to multiple times, although currently price is trading slightly above it. 💥 The 75,190 resistance level, which we reviewed yesterday, is a very important zone. A breakout of this level on the daily timeframe would confirm the start of a bullish move. 🔔 On the 4-hour chart, price has already broken this level and is now in a pullback phase. ⛏ The high formed for this pullback is 77,814, and a break above this level would be a strong trigger for a long position. 💡 The key condition for this setup is that volume must increase as price moves toward 77,814. 🎲 Otherwise, we’ll see volume divergence, which increases the احتمال of a fake breakout at 77,814. 🧩 If 75,190 turns out to be a fake breakout, and price breaks below the trendline while forming lower highs and lower lows, we can look for a short position. 💫 However, the main bearish confirmation and the key support ahead is 70,689. A break below this level could push price down toward 65,754. ⭐ On the RSI, we have two important zones: The first is the 50 level, which acts as support. As long as RSI stays above this level, bullish momentum remains in the market. 🔍 If price breaks above 77,814 and RSI manages to hold above 75.05, we could see a strong bullish move. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.